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Articles tagged with: Sonera and Stockholm
UPDATE: Shares In Swedish Telecom TeliaSonera Rally As CEO Ousted
LONDON (Dow Jones) -- Shares of Sweden's top mobile operator, Teliasonera, climbed on Tuesday after the board ousted its chief executive, saying new leadership was needed. more
Related Tags: megafon, teliasonera, turkcell, bt-group, bt, arun-sarin, cfo
The Swedish and Finnish telecommunications companies Telia and sonera have confirmed that they are to merge. sonera shareholders will receive 1.5144 Telia shares in exchange for each sonera share. The pro-forma ownership of the new group will be 64% for current Telia shareholders and 36% for current sonera shareholders, assuming 100% acceptance of the Exchange Offer. The combined company will be headquartered and have a primary listing on the Stockholm Exchange and will seek secondary listings on the Helsinki Stock Exchange and in the United States. more
Related Tags: helsinki